Special Needs Trusts

How Trustees of Special Needs Trusts Are Compensated

Payment of trustees usually takes one of two forms: either a flat fee based on a percentage of the trust's assets, or an hourly rate. ...

Recent Case Proves "Sole Benefit" Rule Is by No Means Cut and Dried

If you are administering a first-party special needs trust, pay attention to who is benefiting from items purchased by the trust or you could cause problems with the beneficiary's government benefits.

What Is The Best Kind of Special Needs Trust?

Our son receives Supplemental Security Income (SSI) due to a heart condition. He is about to receive an inheritance and we would like to protect it with a special needs trust. What is the best type of trust for him?...

Can I Administer My Special Needs Trust Without a Lawyer?

What is the best book to buy to help with the administration of a special needs trust?...

Is There A Limit On The Number of Trustees?

Can a special needs trust have more than one trustee at a time?...

What's the Difference Between a Settlor and a Grantor?

My special needs trust refers to someone called a settlor but my friend's trust has a grantor. Are these roles different?...

Five Events That Require an Immediate Call to Your Special Needs Planner

In case you haven't thought of checking in with your special needs planner in a while, here are five events that should trigger an immediate call to your attorney.

What Is the Statute of Limitations to Pay Medicaid from a Special Needs Trust?

With a special needs trust that requires Medicaid to be paid back following the beneficiary’s death, what is the statute of limitations for that repayment? If Medicaid has not asked to be paid back, when can the proceeds be distributed?...